Based on your selection, you will register for an account with Fondex Limited, which is authorised and regulated as a Securities Dealer by the Financial Services Authority of Seychelles with License number SD037. Fondex Limited is not part of the European regulatory framework and is not in scope of (among others) the Markets in Financial Instruments Directive (MiFID) II. In addition, there is no provision for an investor compensation scheme.

Before you proceed, please confirm that the decision was made independently and at your own exclusive initiative and that no solicitation or recommendation has been made by Fondex or any other entity within the group.

Based on your selection, you will register for an account with Fondex Limited, which is authorised and regulated as a Securities Dealer by the Financial Services Authority of Seychelles with License number SD037. Fondex Limited is not part of the European regulatory framework and is not in scope of (among others) the Markets in Financial Instruments Directive (MiFID) II. In addition, there is no provision for an investor compensation scheme.

Before you proceed, please confirm that the decision was made independently and at your own exclusive initiative and that no solicitation or recommendation has been made by Fondex or any other entity within the group.

The average spreads shown are calculated on a monthly basis. Though Fondex attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. Clients are advised to check important news announcements, which may result in the widening of spreads, amongst other instances. Additionally, clients are advised to read carefully the Terms and Conditions and Order Execution Policy, and check the live spreads in the platform.

If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair, or stock/index currency's relevant interbank rates. This operation is called 'swap'. In the trading terminal, 'swap' is automatically converted into the deposit currency. The operation is conducted at 00.00 (GMT+2 time zone. From Wednesday to Thursday swap is charged for three days. The swap live charges can be found in the platform.

Frequently Asked Questions

Contrary to buying and owning a cryptocurrency, when you trade a CFD, you do not own the underlying asset. Instead, you speculate on its rising or falling prices. For instance, if you believe that the price of Bitcoin will rise against the USD, then you BUY Bitcoin.

You can both buy and sell, taking advantage of small price fluctuations and shorter time frames. Buying Bitcoin via an exchange could work better as a medium or long-term investment whereas CFDs are also appropriate for short-term trading.

You can trade on leverage up to 1:10, controlling a larger amount of money with a relatively small deposit.

No transaction fees.

Your deposits don’t run the risk of being blocked. Banks are often blocking deposits of money earned from crypto-exchanges. When you trade with Fondex, your deposits don't run this risk-you can rest assured that your money won't be stuck.

When you trade cryptocurrency CFDs, you buy or sell one cryptocurrency against another cryptocurrency or a regular currency. For example, when you trade BTC/USD, you speculate on Bitcoin’s price rising or falling against the USD. When you trade ETH/BTC, you speculate on Ethereum’s price rising or falling against the Bitcoin.

When trading CFDs , your profit/loss is the price difference between the asset’s open and close price. For example, if you enter a BUY order for BTC/USD and its price rises, you make a profit. However, if you are wrong and its price drops, you make a loss.

Wallets are used to store, send, receive and track your cryptocurrency assets. Since you do not own any actual assets, you do not need to have a wallet when trading cryptocurrencies with Fondex. Your funds are kept safely with top-tier banks in segregated accounts and can be accessed at your discretion.

Ripple (XRP) is a crypto-asset that is fundamentally different from Bitcoin and doesn't use blockchain technology. Investors' interest in Ripple has been growing continuously, and over the last year, prices have skyrocketed.